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How RTX’s Q2 Beat, Raised Outlook and Record Backlog Will Impact RTX (RTX) Investors
Simply Wall St.5d agobullish
How RTX’s Q2 Beat, Raised Outlook and Record Backlog Will Impact RTX (RTX) Investors

RTX Corporation recently reported past second-quarter 2026 results, with revenue rising to US$24.71 billion from US$21.58 billion and net income increasing to US$2.14 billion from US$1.66 billion year over year, lifting basic earnings per share from continuing operations to US$1.58. Alongside this earnings beat, RTX boosted its full-year 2026 sales and profit outlook on the back of a sharply higher US$289 billion backlog spanning commercial aftermarket and defense programs. Next, we’ll...

Aging Jets, Rising Threats: Why RTX Corporation (RTX) Just Raised Its 2026 Outlook
Insider Monkey7d agoneutral
Aging Jets, Rising Threats: Why RTX Corporation (RTX) Just Raised Its 2026 Outlook

RTX Corporation (NYSE:RTX) on Thursday lifted its sales and profit outlook for 2026, amid sustained demand for commercial aircraft maintenance and military systems, as airlines continue to rely on older fleets and governments restock weapons. The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from […]

Jefferies Upgrades RTX Corporation (RTX) To Buy From Hold
Insider Monkey57d agobullish
Jefferies Upgrades RTX Corporation (RTX) To Buy From Hold

RTX Corporation (NYSE:RTX) is among the 10 Best Aerospace and Defense Stocks to Buy According to Hedge Funds. On June 4, Jefferies analyst Sheila Kahyaoglu upgraded the stock to Buy from Hold and set a new price target of $220, up from $210. According to Barron’s, the analyst cited rising profit margins, growth prospects in […]